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Fed Lifts Asian Shares

By

V. Phani Kumar,

Shri Navaratnam And

Philip Vahn

Updated March 17, 2010 5:56 a.m. ET

Most major Asian markets got a boost Wednesday after the U.S. Federal Reserve pledge to keep interest rates low for an "extended period" and the Bank of Japan's decision to ease monetary conditions further.

The accommodative stance by the two major central banks spurred stock purchases with financials, commodity producers and property...